Swelect Energy Systems Limited has rolled out its SWEES EN+ solar hybrid inverter range, designed specifically for Commercial & Industrial (C&I) customers. The new product line addresses rising energy costs and power reliability concerns by integrating solar generation, battery storage, and grid supply into a single system.

The SWEES EN+ range is available in capacities from 5 kW to 50 kW and can scale beyond 50 kW. The products are certified by the Bureau of Indian Standards (BIS) under the Compulsory Registration Scheme (CRS), enabling a rollout scheduled for Q2 FY27. This launch strengthens Swelect’s existing portfolio, which includes solar manufacturing, EPC services, and energy storage solutions.

Product specifications and market fit

The SWEES EN+ inverters are engineered around specific load profiles, solar generation patterns, and energy storage needs of businesses. The design prioritizes scalability, allowing customers to start with a system sized to current requirements and add capacity as operations expand. Unlike one-size-fits-all solutions, Swelect designs each system based on the customer's actual application.

Dr. Arulkumar Shanmugasundaram, CEO & Managing Director, stated that the rollout focuses on evolving C&I energy requirements. He emphasized that the range is configured to handle varying load profiles and future energy needs, leveraging the company’s experience in power electronics and battery energy systems.

Strategic portfolio expansion

This launch builds on Swelect’s vertically integrated manufacturing base, which includes Solar Photovoltaic modules, Module Mounting Structures, and combiner boxes. The company aims to provide integrated energy solutions across residential, SME, and C&I segments, aligning with the Atmanirbhar Bharat mission.

What the numbers show

The introduction of the SWEES EN+ range marks a strategic pivot toward higher-value, integrated hardware solutions rather than standalone components. By targeting the C&I segment with scalable systems up to 50 kW+, Swelect is positioning itself to capture demand from mid-sized enterprises seeking energy independence. The BIS certification is a critical regulatory milestone that removes barriers to entry for this specific product class, potentially accelerating adoption in the regulated commercial sector where compliance is mandatory.

Swelect Energy Systems approved two corporate actions on September 24, 2026, expanding its renewable energy portfolio through an additional equity investment in USolar Assetco Four Private Limited and a full acquisition of GNU Solar Assetco Two Private Limited.

Additional investment in USolar Assetco Four

The Investment Committee of the Board of Directors approved an additional investment in the equity share capital of USolar Assetco Four Private Limited, a wholly owned subsidiary, of up to ₹20.77 crore. The funds will be used to set up a 26.6 MWp DC solar power plant under the Group Captive Scheme. Following allotment of shares to other identified group captive investors, Swelect Energy Systems' stake in the subsidiary will reduce from 100% to 74%, changing its status from a wholly owned subsidiary to a subsidiary.

The investment will be made in multiple tranches as per the offer letter circulated by the investee company. The transaction is classified as a related party transaction under SEBI Listing Obligations and Disclosure Requirements Regulations, and is being conducted on an arm's length basis. The consideration is in cash, at a price of ₹89 per share, comprising a face value of ₹1 and a premium of ₹88 per equity share. The company proposes to subscribe to up to a maximum of 23,33,331 equity shares of face value ₹1 each.

Key details of the USolar Assetco Four investment are summarised below:

USolar Assetco Four Private Limited was incorporated on June 2, 2025, with a paid-up equity share capital of ₹10,00,000 and is yet to commence commercial operations. It became a wholly owned subsidiary of Swelect Energy Systems on July 9, 2026. Its line of business covers solar power generation, erection and commissioning of solar and other renewable energy devices, and facilitation of solar, wind, and other renewable energy plant deployment, including consultancy, installation, maintenance, and operation relating to renewable energy systems.

Acquisition of GNU Solar Assetco Two

The Investment Committee also approved the acquisition of 100% equity shares of GNU Solar Assetco Two Private Limited, a company based in Karnataka, at a cost not exceeding ₹10 lakh. Upon completion, GNU Solar Assetco Two will become a wholly owned subsidiary of Swelect Energy Systems and is planned to set up a solar power plant under the Group Captive Scheme. The acquisition will be executed as per a Securities Purchase Agreement or such other definitive agreement to be entered into with the selling shareholders.

Key details of the GNU Solar Assetco Two acquisition are summarised below:

GNU Solar Assetco Two Private Limited was incorporated on June 15, 2026, as a subsidiary of U-Solar Clean Energy Solutions Private Limited in Karnataka, with a paid-up equity share capital of ₹10,00,000. It is yet to commence commercial operations, and its audit for the first financial year is yet to be completed. Its line of business covers erection and commissioning of solar and other renewable energy devices, facilitation of solar, wind, and other renewable energy plant deployment, and consultancy, installation, maintenance, and operation relating to renewable energy systems. No governmental or regulatory approvals are required for either transaction.